Author: Sagar
-
Weekly round-up: Domestic steel market remains weak
The Indian steel market witnessed dull sentiments, while prices were in free fall during week 27 of CY’21. Domestic semi-finished steel prices decreased steadily in the range of INR 200-1,700/t across regions with a major fall of INR 1,500-1,700/t in the billets markets of Jalna and Chennai. Similarly, low demand and falling billet prices weighed…